In nearly every bankruptcy proceeding there is some constituency that ends up having its claim or interest impaired. Not surprisingly, therefore, these same constituencies would like to avoid that outcome by restricting the debtor’s ability to commence bankruptcy in the first place.
USA, Insolvency & Restructuring, Litigation, Troutman Pepper, Bankruptcy, Debtor, Injunction, Limited liability company, Foreclosure, Condominium, Bad faith, Default (finance), Choice of law, United States bankruptcy court, Bankruptcy Appellate Panel, Tenth Circuit
A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").
Jersey, United Kingdom, Insolvency & Restructuring, Bedell Cristin, Debtor, Commercial property, Limited partnership, Liquidation, Commercial mortgage-backed security, Unit trust, Insolvency Act 1986 (UK), Courts of Jersey